NOVO NORDISK A/S-B (NOV.DE) Stock Technical Analysis
FRA:NOV - DK0062498333 - Common Stock
48.825 EUR
+0.85 (+1.76%)
Overall NOV gets a technical rating of 1 out of 10. NOV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
99% of all other stocks performed better in the past year than NOV.
NOV is part of the Pharmaceuticals industry. There are 50 other stocks in this industry, of which 91% are performing better than NOV.
NOV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NOV has a been trading in the 38.54 - 49.80 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
NOV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 48.84. Right above this resistance zone may be a good entry point.
More info and screens
46.58
56.54
We found 1 important support area.
- Support @47.05 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 48.84 to 48.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 52.35 to 53.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.90 from a trend line in the daily time frame.
- Resistance @55.98 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NOV.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NOV.DE is neutral. |
| ChartMill Relative Strength | 1.65 | NEGATIVE | NOV.DE has a low relative strength, it was outperformed by 98.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOV.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.17 | NEUTRAL | The RSI value for NOV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.76 | POSITIVE | The MACD value suggests NOV.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.06 | OVERBOUGHT | The high Stochastics value suggests NOV.DE may be overbought. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for NOV.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.26 | NEGATIVE | The low ADX value for NOV.DE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:NOV (9/3/2025, 7:00:00 PM)
48.825
+0.85 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.76%
1 Week2.32%
2 Weeks4.83%
1 Month24.25%
3 Month-25.51%
6 Month-39.11%
12 Month-58.79%
2 Year-43.44%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.62
ATR(20)%3.69%
ATR Inc6.88%
Range Today1.84
ADR(20)1.59
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.65
Mansfield-4.14
10 Day High49.8
10 Day Low46.42
20 Day High49.8
20 Day Low38.54
52 Week High125.12
52 Week Low38.54
CS1 End47.05
CR1 Start48.84
Volume & EV
DER(3)-0.28%
DER(5)-0.27%
Volume206.24K
Volume Incr-60.31%
Vol(5)272.20K
Vol(50)479.40K